1408 W 80th St, Los Angeles, Los Angeles County, CA, 90047 Los Angeles CA US
Property Details
11
4
Manchester Square
MultiFamily
Description
1408 West 80th Street is a 6-unit property in South Los Angeles, operating at a 4.84% current CAP and offering investors approx. 40% rental upside. Located just east of Western Ave, the subject property features (5) two-bedroom units and (1) one-bedroom unit that generate approx. $ 9,150+ in gross monthly income. Please note (2) two-bedroom units will be delivered VACANT upon COE, and there are currently four section-8 tenants (please contact listing agent for more info). A future investor could achieve approx. based on market rents for renovated units in the area. $12,750+ in projected monthly income (40% rental upside) and operate the property at a 7.72% pro-forma CAP. Additionally, the property sits on a 6,676 SF lot with ample surface parking spots and a community laundry room. Find out more about this property. Request details here
Location
Address
1408 West 80th Street, Los Angeles, California 90047, United States
City
Los Angeles
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